Sentences with phrase «policies benefits during»

It can also be an event that occurs that enables you to determine a change in the way your insurance policies benefits during the course of your coverage.

These agents provide sufficient life insurance coverage as well as serve claims checks and policy benefits during the most important times for the family.

Not exact matches

During Zappos's early years, Hsieh decided that customer service was the most important function of his company and proceeded to craft dozens of counterintuitive policies that lavished benefits on the low - wage workers who answered the phones.

While it's always recommended that families meet with a financial advisor to decide what level of life insurance protection would benefit them the most, a supplemental policy could act as a financial safety net, providing much needed normalcy during a very difficult time.

Permanent insurance, which includes whole life and universal insurance policies, is for life: It provides a death benefit for as long as you pay the premium, but also may include cash value that can be accessed during the insured person's lifetime.1

This strategy is appropriate if you want to maintain access to the policy's cash surrender value during your lifetime but want to leave the death benefit proceeds to charity.

Should you pass away during the term, your beneficiary will receive the policy's death benefit.

If you die during these years, the term policy is there to provide a lump sum death benefit to your survivors.

At certain points during the term of coverage, such as your birthdays, you can increase the policy's death benefit and premiums will be determined using your initial health rating.

However, this means that if something happens down the line that causes the owner of a policy to not want their initial beneficiary to receive their death benefit (such as divorce), it'll still go to the beneficiary they chose during their application.

During the past six months, positive economic growth, supportive monetary policy and market - friendly election results have benefited European markets.

When you purchase term life insurance, you agree to pay recurring premiums in return for the commitment by the insurance company to pay a death benefit if the insured happens to die during the term that the insurance policy is in effect.

A term life insurance policy offers coverage for a specified period of time, meaning that if you die during the term of the policy the beneficiary will receive the specified payout (also known as the death benefit or face value of the policy).

During a question and answer session at the CBI conference in London, Mr Blair gave this assurance, saying that the reasons for the rebate still remained as long as other EU member states benefited from the common agricultural policy (Cap) where Britain did not.

Exposure to pollution during the second trimester of pregnancy in particular raises the risk of harm to a child's lungs, underlining the multiple public health benefits of policies to reduce exposure to air pollution, say researchers.

A person who receives such leave may be paid one - half of his or her ordinary salary during the period of such leave, or in accordance with negotiated agreement or district school board policy, and shall receive full benefits during such period.

There are four areas that could benefit from consideration in research, practice and policy: (in) the culture of recess, (ii) the importance of healthy role models on the playground, (iii) the necessity of activities, options and variety during recess and (iv) the significance of space and spatial layout (indoor and outdoor)

In a level term life insurance policy, the death benefit remains fixed at every point during the term..

At certain points during the term of coverage, such as your birthdays, you can increase the policy's death benefit and premiums will be determined using your initial health rating.

If you pass away during the specified term of the policy, your designated beneficiary will receive the death benefits from your policy.

It is also clarified that if the Accident occurs during the Policy Term and the death due to the said Accident happens after the expiry of the Policy Term (but within 120 days from the date of Accident), Death benefit will be payable.

In case of occurrence of any of listed Critical illness, the Benefit (as chosen during inception) will be payable to you as a lump sum amount, irrespective of the death benefit payout option chosen, subject to policy being in force and all due premiums have beeBenefit (as chosen during inception) will be payable to you as a lump sum amount, irrespective of the death benefit payout option chosen, subject to policy being in force and all due premiums have beebenefit payout option chosen, subject to policy being in force and all due premiums have been paid.

You can change the death benefits during the life of the policy, usually after passing a medical examination, and you can pay premiums from your accumulated cash value.

Level term policies guarantee to pay out a benefit when the policy is in force, and is also guaranteed to not go up in price during the level term period.

In case of an unfortunate event during the Policy Term, the sum of the following benefits will be payable to the Nominee, subject to the Policy being in force:

You may need an inexpensive term life policy, which lasts 20 - 30 years and provides a death benefit to your family if you pass away during the term.

Take life insurance as an example: you pay for a policy, and if you die during the term then that money (the death benefit) goes to the person you named as your beneficiary on the policy.

Benefits are paid only if you die during the policy's term.

When you purchase term life insurance, you agree to pay recurring premiums in return for the commitment by the insurance company to pay a death benefit if the insured happens to die during the term that the insurance policy is in effect.

In either of these cases, provincial legislation protects the entire policy — including the death benefit and cash value — from the claims of creditors of the policy owner during his lifetime and after death.

Death Benefit - In case of uncertain demise of the insured person during the tenure of the policy the death benefit is provided to the beneficiary of the policy as basic sum assured along with vested simple reversionary bonus and terminal bonus Benefit - In case of uncertain demise of the insured person during the tenure of the policy the death benefit is provided to the beneficiary of the policy as basic sum assured along with vested simple reversionary bonus and terminal bonus benefit is provided to the beneficiary of the policy as basic sum assured along with vested simple reversionary bonus and terminal bonus if any.

This rider is critical, particularly if you are considering life insurance for children or young adults, because if the insured develops a disease or become uninsurable during the policy period, the insurance company allows the insured to increase his or her total life insurance coverage and death benefit at specific times.

Like traditional life insurance, the death benefit of a second - to - die policy can ensure your beneficiaries receive a minimum amount of money, even if savings and other retirement income is spent during the lives of you and your spouse.

A term life insurance policy offers coverage for a specified period of time, meaning that if you die during the term of the policy the beneficiary will receive the specified payout (also known as the death benefit or face value of the policy).

Term life only pays out the death benefit if you die occurs during the term of the policy.

Level term means that the death benefit remains the same during the policy period.

If you die during the policy's term, your beneficiaries receive a benefit.

A type of policy that does not expire during the life of the insured and combines a death benefit with a savings portion that can build cash value.

Anytime during the Flexi benefit period, you can decide to with draw your savings and avail the full benefits due in the policy

If the policyholder dies during the term — and he or she has paid the premiums on time and the policy is in good standing — the beneficiaries listed in the policy will receive a death benefit.

Flexibility of withdrawing your savings anytime during the Flexi benefit period by modifying your Policy Term while the Policy is in force.

Anytime during the Flexi benefit period, you can decide to pre-pone the Maturity benefit of your policy and enjoy the full benefits due in the Policy (i.e. 100 % of Sum Assured plus accrued bonus till date plus terminal bonus (ifpolicy and enjoy the full benefits due in the Policy (i.e. 100 % of Sum Assured plus accrued bonus till date plus terminal bonus (ifPolicy (i.e. 100 % of Sum Assured plus accrued bonus till date plus terminal bonus (if any).

However, if the policy offers a graded or deferred benefit it can mean that death benefits are limited during the first few policy years or simply not covered if death is due to medical reasons.

If the insured dies during the time period specified in the policy and the policy is active — or in force — then a death benefit will be paid.

35 year old Siddharth chooses our Bharti AXA Life Flexi Save with a policy term of 20 years as he wishes to receive guaranteed benefits along with the flexibility of withdrawing money any time during the flexi benefit pay - out period.

In case of unfortunate event of death of the Life Insured during the Policy Term, the following benefits will be payable to the Claimant, subject to Policy being in force.

Term life insurance is more straightforward: you purchase a policy for a set term, and if the policyholder dies during that term, the beneficiary receives a death benefit.

If the company finds you lied about a health condition or lifestyle, it can raise your premium, cancel your policy or deny a beneficiary's claim to the death benefit, particularly during the two year contestability period.

The policy pays benefits only if the insured dies during the term.

Life insurance pays your beneficiaries a substantial cash benefit should you die during the term of the policy — essentially protecting them against the risk that you might die prematurely, placing them in financial jeopardy.